MicroStrategy’s bold Bitcoin strategy fuels record trading volumes, surpassing Tesla and Nvidia. With 400K BTC in sight, its stock soars 650%
has solidified its position among the top 100 publicly listed companies in the U.S. market. Branding itself as the “world’s first Bitcoin development company,” the firm’s strategic investments are paying off in a big way.
This purchase coincided with the announcement of $1.75 billion in convertible notes, a figure that swelled to $2.6 billion two days later due to overwhelming demand. The move has not only fueled a meteoric rise in the company’s stock but also propelled MicroStrategy’s market value beyond tech giants like Intel and Dell.Interestingly, the impact of MicroStrategy’s bold moves extended beyond just stock price appreciation. Eric Balchunas, senior ETF analyst at Bloomberg,“It’s been years since a stock has traded more than one of those two. Wild times.”This figure was comparable to the average daily volume of the entire UK stock market.
Worth noting that at press time MicroStrategy’s Bitcoin holdings stood at $31.51 billion, spanning 12 acquisitions in 2024 alone, according to, at the close of trading, MSTR shares were priced at $473.83, up 10.05%, while after-hours trading pushed the stock to $489.32, a further 3.27% increase. With its shares surging nearly 650% since January, MicroStrategy’s calculated Bitcoin bets appear to have catapulted the company into an elite league of market leaders, underscoring the growing influence of Bitcoin in traditional financial markets.Kamina is a content writer at AMBCrypto.
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